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Business
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Ericsson wins transmission deals from Telenor
Norwegian state-owned telecoms service provider Telenor has engaged Ericsson for a two-year global frame agreement to supply microwave transmission solutions covering all its majority-owned subsidiaries
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US gives Japan high marks on economic reforms
The United States on Thursday gave Japan high marks for progress in economic reforms but called for more effort as the leaders of the world's two biggest economies met in a final Washington summit.
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China electricity prices up
China on Friday raised retail electricity prices for the first time in over a year to offset increased costs, the government's economic planning body said.
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HSBC plans to acquire Pak bank
The Hongkong and Shanghai Banking Corporation (HSBC) has decided to expand its operation in Pakistan and started negotiation to acquire Pakistani Prime Commercial Bank (PCB), a Pakistani newspaper reported
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India's Videocon inks oil deal with Oman
A consortium led by India's Videocon Industries has signed USD 340 million worth exploration and production sharing agreements (EPSA) with Oman, seeking to enhance overseas oil reserves that can be earmarked
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Lanka eyes 8pc growth
Sri Lanka's central bank forecast Friday the economy would grow by eight percent this year, up from six percent in 2005, despite high oil prices and fears of a return to a bloody civil war.
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China lifts ban on US beef
China has lifted a ban on imports of selected cuts of US beef that was put in place in 2003 after an outbreak of mad cow disease in the United States, the agriculture ministry said Friday.
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NZ to welcome more immigrants
More new migrants will be welcomed under the New Zealand Residence programme during the next 12 months in response to continued skill shortages, Immigration Minister David Cunliffe announced Friday.
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